William John Sempolinski Takes Position in Capital Group Core Balanced ETF $CGBL

William John Sempolinski purchased a new position in Capital Group Core Balanced ETF (NYSEARCA:CGBL) during the 2nd quarter, HoldingsChannel reports. The fund purchased 54,730 shares of the company’s stock, valued at approximately $2,078,000. Capital Group Core Balanced ETF accounts for 0.8% of William John Sempolinski’s holdings, making the stock its 28th largest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Anchor Investment Management LLC bought a new stake in Capital Group Core Balanced ETF during the first quarter valued at $43,000. US Bancorp DE increased its stake in Capital Group Core Balanced ETF by 204.6% in the 3rd quarter. US Bancorp DE now owns 1,645 shares of the company’s stock worth $57,000 after acquiring an additional 1,105 shares during the last quarter. Creative Financial Designs Inc. ADV increased its stake in Capital Group Core Balanced ETF by 77.4% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 2,306 shares of the company’s stock worth $81,000 after acquiring an additional 1,006 shares during the last quarter. Godfrey Financial Associates Inc. purchased a new stake in shares of Capital Group Core Balanced ETF in the 4th quarter valued at about $84,000. Finally, Cascades Capital Asset Management LLC purchased a new stake in shares of Capital Group Core Balanced ETF in the 4th quarter valued at about $102,000.

Capital Group Core Balanced ETF Trading Down 0.1%

Shares of NYSEARCA CGBL opened at $38.12 on Friday. Capital Group Core Balanced ETF has a 12 month low of $33.67 and a 12 month high of $38.68. The firm has a market capitalization of $7.37 billion, a price-to-earnings ratio of 25.37 and a beta of 0.69. The business has a 50-day moving average of $37.83 and a 200-day moving average of $36.92.

Capital Group Core Balanced ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Tuesday, June 30th were paid a $0.1634 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.65 dividend on an annualized basis and a yield of 1.7%. This is a boost from Capital Group Core Balanced ETF’s previous quarterly dividend of $0.13.

Capital Group Core Balanced ETF Company Profile

The Capital Group Core Balanced ETF (CGBL) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that offers a balanced approach to total return and capital preservation. The fund employs an active asset allocation strategy to invest in equities, debts, money market instruments, and cash. CGBL was launched on Sep 26, 2023 and is issued by Capital Group.